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FOXNEWSW
The Journal Editorial Report

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Jan 5, 2013

the spinach reference. how much damage is there to the economy from in bill? >> well, i prefer the least rotten apple than spinach. i think that the two big problems here, people who believe that the rich should pay more do not understand the effects of marginal rates. when you raise marginal rates-- >> the next dollar of income that you earn. >> right, it lowers the incentive of the people that you want it take risk and to innovate and to create. that's one problem. so it will affect the growth of the economy. the other problem is, it does affect tax revenues. the guys with the green eye shades say well if we raise the taxes this much, we'll get this much more revenue. if you lower the incentive of people to take risk, generally what happens, revenue does not come in. >> paul: you don't get as much as you think you'll do. >> exactly. >> here, mary, look, the economy seemed, the stock market loved it, the hs blew out the next day and up based on the prospect that something would get done. housing markets recovering. i mean, the economy, the job market not great still, 155,000 new jobs, b

FBC - Bulls and Bears

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FBC
Bulls and Bears

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Jan 13, 2013

in the economy. so are they right? does this new payroll tax hike mean less spending and a weaker economy? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, jonas max ferris along with walker stableton and steffen, gary b. it turns out not just the rich, but the payroll tax hike smacking just about all workers, will it smack the economy next? >> i don't see how it can't, brenda. the person in tt little clip summed it up perfectly. it makes a little bit of a difference and a little bit of a difference times a few hundred million people makes a big difference. it's already been studied by economists, they predict 4 to 500,000 jobs lost, 1/2% lopped off the the gdp. if you look around the studio there, everyone that gets a paycheck, like they said in that little clip, sees less he money. that's less money they were going to spend on groceries, at the drug store, the gas station and that money gets sucked out of the economy, so do jobs. >> brenda: well, now, this does hit lower and middle class americans harder beca

KRCB - Nightly Business Report

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KRCB
Nightly Business Report

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Jan 30, 2013

everyone. i'm susie gharib. the economy is barely growing, so the federal reserve says it will keep buying bonds to stimulate growth, and create more jobs. >> tom: i'm tom hudson. facebook's latest earnings beat the street, but while the company saw big gains in mobile ad sales, it's costs also shot up. >> susie: and rim, rolls out the new blackberry 10, a new name, and a new ticker symbol, we look at what's riding on all those bold moves. >> tom: that and more tonight on "n.b.r."! >> susie: the federal reserve said the economy "paused" in recent months, so it's keeping its key interest rate near zero. the decision from policymakers today came on a day of mixed reports about the u.s. economy. on the jobs front, a strong payrolls report showed private employers added 192,000 jobs in january, much more than economists expected. but the commerce department said economic growth, contracted in the last three months of 2012. the g.d.p. shrank by 0.1% the first time that's happened since the financial crisis began. the fed said in its policy statement today that it continues to see "downside risk

SFGTV2 -

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SFGTV2

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Jan 5, 2013

will be without water. we will be without industry, we will be without jobs, we will be without a healthy economy, and our people will be sick. so we don't really have a choice. we're going to find out why that's important. it's a question of, who's going to pay, how much you're going to be willing to pay in order to ensure that your children live the kind of life that we as americans have promised them. woman: and what we're going to do is get a marble to travel through your pipe. child: keep still! keep still! woman: aw, there's a clog in the drain. oh, there it is. [ laughing ] narrator: in the 19th century, foresighted leadership and innovative engineering established drinking water, wastewater, and stormwater infrastructure that supported the growth of the nation. through much of the 20th century, we continued to invest, to ensure our public health, safety, and economy. but now, in the 21st century, we face the need to revisit our commitment to the buried assets and infrastructure that for so long have provided for our way of life. johnson: infrastructure across this country needs to be addr

FOXNEWSW - The Journal Editorial Report

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Jan 6, 2013

FOXNEWSW
The Journal Editorial Report

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Jan 6, 2013

is there to the economy from this bill? >> i prefer the least rotten apple. [ laughter ] >> i think two big problems here. people who believe that the rich should pay more do not understand the effects of marginal rates. >> dollar of income you earn? >> it lower the incentives that you want people to take risks and to create. the other problem is, it does affect tax revenues. the guys with the green eye shades, if you raise the taxes we'll get this much more in revenue but if you lower the incentive of people to take risks generally that revenue doesn't come in. >> paul: so you don't get as much as you think. mary, the economy seems to be -- the stock market loved this. they blew out the next day and based on the prospect something would get done. how long go market is recovering. the economy and job market still not great, 155,000 new jobs, but the economy does seem to be doing okay. >> i think that is probably okay. the economy will do okay. but when you have an unemployment at 7.8% and really stubbornly not budging, you want to do something that something more for the economy than just okay, muddling

KCSM - Journal

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Jan 1, 2013

KCSM
Journal

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Jan 1, 2013

that we can put it behind us and focus on just growing our economy. >> the plan would permanently raise taxes on households making more than $450,000 while continuing tax breaks from businesses and extend unemployment benefits through 2013 and keep popular tax credits for middle class families until 2018. a decision on spending cuts has been delayed until march. stock markets begin the new year on wednesday when washington will find out what wall street thinks of congress' last ditch compromise. >> we will talk more about this latest deal. for that i am joined by our business correspondent. as we heard hard fought compromise in the senate at least but not everybody seems to be too satisfied. >> it is a compromise. both sides had to withdraw from their original positions. democrats wanted to raise taxes for yearly family incomes starting at $25,000. now it has been pushed to $450,000. if you look at the republicans they preferred to not raise any taxes at all. that idea did not succeed at all. but there is a feeling of relief that the deal has been reached. you have to keep in mind the c

KQED - Nightly Business Report

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KQED
Nightly Business Report

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Jan 30, 2013

continues to see "downside risks" to the economy. unemployment is still "elevated". but household and business spending advanced. >> susie: darren gersh begins our coverage with that weak reading on the economy. >> reporter: last quarter, defense spending fell off the fiscal cliff. as lawmakers bickered, manufacturers who make things for the pentagon cut back production sharply-- defense spending fell 22% in the latest g.d.p. report, tipping the economy into the red. >> certainly manufacturers are pulling back and i think this is a bit of a wake up call that these cuts are real and that they have real effects on the economy. >> reporter: economists and markets did not panic over the drop into the red, because the economy is still showing signs of solid growth. businesses are still buying equipment and software. housing continues to bounce back. and consumer spending held up well, expanding at an annual rate of 2.2%. >> so if you look through some of the volatile components, demand underneath was solid and it doesn't suggest the economy is losing momentum. so a scary headline numb

KCSM - Newsline

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Jan 4, 2013

KCSM
Newsline

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Jan 4, 2013

the japanese economy. the prime minister says he plans to decide on a fiscal 2013 draft budget within this month. he also confirmed he will submit a large scale supplementary budget to the diet for quick enactment. abe says he wants the two budgets to finance spending seamlessly over the next 15 months to restore a strong economy. he also says the bank of japan should adopt bold monetary policies in close coordination with his government. >> translator: the bank of japan's monetary policy is critically important in terms of foreign exchange rates and in achieving a 2% inflation target. i strongly expect the central bank to act responsibly. >> prime minister abe also spoke about nuclear power. he indicated his government will consider allowing utilities to build new plants. >> translator: the government will go over what we've learned about the nuclear accident and check the progress of nuclear safety technology. i would like to carefully consider whether new plants can be built and it will take a certain amount of time. >> on diplomacy, abe said he'll give top priority to strengthenin

KQED - Moyers & Company

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KQED
Moyers & Company

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Jan 13, 2013

." and he would say "why would we want to be doing that now? that's actually going to hurt the economy." >> but hasn't our economy changed so much since franklin roosevelt simply put people on the government payroll? >> it's, economics, the underlying rules change a lot more slowly than people imagine. people look and they say, "oh, you know, back then they were taking ocean liners and now we fly jet airplanes." or, "back then we didn't have a global economy." actually, we did. it's a little bit fancier now. but the basic rules are not are not much changed. it takes hundreds of years for those to change a whole lot. and this is, i can pretty easily assemble a bunch of headlines from the 1930s and they will sound like they're right out of today's headlines. this is the same kind of animal that we confronted in the '30s. this is depression economics. and the nature of the solution is not really very different now from what it was then. >> what do you mean, depression economics? >> well, two things really. one is, a recession is when the economy's going down. a depression is when the econ

WHUT - Great Decisions in Foreign Policy

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Jan 28, 2013

WHUT
Great Decisions in Foreign Policy

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Jan 28, 2013

tremendous economic financial pressure on the entire global economy, including europe. >> in the same way in which the collapse of lehman implied global shocks, a dissolve in the situation of the eurozone is going to impact the united states. >> while everyone is telling the germans, "bail these guys out now," the germans are saying, "if we're gonna bail them out, we wanna fix the political crisis." >> at the end of the day, europe and the eurozone face an existential question: can we become the united states of europe? >> in a democracy, agreement is not essential, but participation is. >> never before in our history have we been so interconnected with the rest of the world. >> foreign policy is actually not foreign. >> america has faced great hardship before and each time we have risen to the challenge. >> the ultimate test is to move our society from where it is to where it has never been. >> join us as we explore today's most critical global issues. join us for great decisions. >> great decisions is produced by the foreign policy association, inspiring americans to learn more about th

WHUT - Newsline

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Jan 11, 2013

WHUT
Newsline

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Jan 11, 2013

the economy. >>> welcome to nhk world "newsline." japanese government is following through on its promises to give the economy a shot in the arm. government leaders have agreed on a stimulus package worth $115 billion. they hope to boost growth by 2%. the government will allocate the funds to three areas. more than $40 billion will go to rebuilding after the earthquake and tsunami and to disaster prevention. workers will use the funds repairing infrastructure such as tunnels and bridges. about $35 billion will be spent on measures to ensure security and revitalized communities. and about $35 billion will be spent on driving growth. some of that will support business ventures. other funds will go into promoting joint research projects between universities and companies. stimulus package plus spending by local governments and the private sector will add up to $230 billion. >> translator: governments under the democratic party focused only on redistribution. they didn't make enough effort to increase incomes and expand the economy. i'm determined to change the basic philosophy. i'm going to b

CSPAN - Politics & Public Policy Today

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Jan 15, 2013

CSPAN
Politics & Public Policy Today

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Jan 15, 2013

fiscal action that will push the economy back into recession. that was one of the risks that the fiscal cliff posed. the challenge is to achieve long run sustainability without unduly hampering the recovery which we have. the deal that was struck together with the previous work in 2011 that involved some spending cuts made some progress in both of these goals. sustainability still abil over the decade we have seen improvement in the debt to gdp ratio. there's more work to be done, but some progress there. and in the short run, the fiscal cliff deal on new year's eliminated a good bit of the restrictive components of the fiscal policy that would have had such adverse effects. not completely, but at least a good start. there was a bit of progress on both of these goals, very importantly. i hasten to say that we're not out of the woods, because we are approaching a number of other physical and critical watershed's coming up. we've got the funding of the government, the so-called sequestered, which is a set of automatic spending cuts that were delayed by two months as part of the fiscal cli

CNBC - The Kudlow Report

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Jan 28, 2013

CNBC
The Kudlow Report

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Jan 28, 2013

to grow the economy, shrink government and create confidence that we are not greece. and, oh, heck, my friend steve kroft lobbed a bunch of softballs at president obama and hillary clinton in his "60 minutes" interview last night. and you know what, folks, we still do not know what happened on that tragic, awful night in benghazi when four people were killed. the administration spun two separate stories, we still don't know the narrative. all that, the "kudlow report" starts right now. >>> first up tonight, it could prove to be the most significant immigration reform in years. bipartisan group of four democratic and four republican senators unveiling their blueprint this afternoon for border security, guest worker cards, more foreign brainiacs and employer verification, maybe even a path to citizenship. cnbc's own eamon javers joins us now with the details. good evening, eamon. >> well, we've almost gotten out of practice at watching bipartisan groups of senators hold press conferences here in washington. that's not something we're used to seeing. in recent months, anyway. but the sena

CNBC - The Kudlow Report

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CNBC
The Kudlow Report

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Jan 30, 2013

? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all unconfirmed but the potential legal fallout is huge. >>> israel takes no chances. the air force launches two air strikes in syria preventing the assad regime from transporting chemicals and weapons of mass destruction to hezbollah. if the red line is crossed israel will attack again. we cover it all. "the kudlow report" begins now. first up we learned today the fourth quarter gdp fell slightly, much to everybody's surprise. so the white house is blaming republicans for the fiscal tax cliff and the spending sequester which i think is hilarious. they invented the sequester. we have had tax, spend and regulate policies for four years. why

CSPAN2 - Today in Washington

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Jan 23, 2013

CSPAN2
Today in Washington

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Jan 23, 2013

is a senior fellow at our global economy, and i will sit with him and asking a few questions. and then we will turn to questions over to you, the audience. we will have simultaneous translation. my mother, may she rest in piece, is a greek language teacher. she will be rolling in a great asset to my own good piece on. so without i give you alexis tsipras. [applause] >> please join your piece to number two for the translation. [speaking in native tongue] >> translator: i want to express our opinions, our view on the cause of the crisis, and our vision for the necessary changes that have to take place in greece. so that we can change from becoming guinea pigs of the crisis to the country that will serve as the starting point for new, progressive changes that will lead the worldwide economy to safe harbors. and so it is a special honor for me to be here at brookings. this is a foundation with strong traditions and document conversation with facts. this is a foundation that and cn understand what's at stake, both in greece and in europe today. when i was young i remember those older than me t

CSPAN - Jack Lew Testimony 2011

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CSPAN
Jack Lew Testimony 2011

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Jan 13, 2013

a strong middle class and offer working folks new pathways to rise into the middle class. our economy is in the a better position than tomorrow that most other countries hit by the financial crisis. i a understand tim is ready for a break. obviously we are sad to see him go. but i cannot think of a better person to continue his work at treasury that -- than the jack lew. this is bittersweet because not only is 10 leaving the jacket and my chief of staff for the last year. was my budget director before that. i trust his judgment, value his friendship, and know very few people would give greater integrity than the man to my left. i don't want to see him go because it is working out well for me to have him in the white house, but my loss will be the nation's game. jack has the distinction of having worked and succeeded in some of the toughest jobs in washington and the private sector. as a congressional staffer in the 1980's, he helped negotiate the deal between president reagan and tip o'neill. under president clinton, he presided over three budget surpluses in a row. for all of this ta

FBC - Forbes on FOX

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Jan 6, 2013

FBC
Forbes on FOX

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Jan 6, 2013

this out. a lot of things are state base silly laws. but don't impact the economy . last year was an election year, we have a small number of regulations that are hitting us. >> you bring up an interesting point. emac, the's new list of regulations that are 77,000 pages was issued on the friday beforehristmas. trying to get buried in the holidays. >> it was released between april and october. these rules are going to cost the economy 128 billion . that is it one estimate out there. even russian czar said i don't rule russia. my miniczar's do. ch has it right. burrcrats are justifying and creating new rules . and i talk to them. they have to hire their own burrcrat to dole with the government burrcrats. >> emac said you need new administrators and czars. >> maybe it would add jobs. but it is important to point out regulations are necessary. even governor romne said that . porly -- case in point. oregon is coming out with a law that makes employers not discriminate against unemployed applicants that is it important. we have seen discrimination there. that is good for the economy

CNBC - Worldwide Exchange

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Jan 25, 2013

CNBC
Worldwide Exchange

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Jan 25, 2013

as we near the 1500 mark on the s&p 500. and a 0.1% contraction is expected for the german economy in the fourth quarter. those figures will be out in just under 30 minutes. >>> the governors of the banks of italy -- trade in siena. and imf's christine legarde tells us that central bank stimulus is still needed. >> we have the central bank on the one hand which have done quite a lot, which have been the fireman, in a way. and you have the policymakers on the other hand particularly in the eurozone who have made some progress and need to keep the momentum. >> now, any minute now, we're expecting the results from germany's ifo institute. january business climate index survey is expected to rise to a reading of 103 from 102.4 in december. this, of course, follows an increase in expectations in the dew survey earlier this week. we've seen an increase in the pmi surveys for germany over the last couple of months. as the german economy particularly looking to climb out of its contraction in the fourth quarter, we're waiting on the ifo senior va to tell us whether sentiment broadly speaki

FOXNEWSW - Special Report With Bret Baier

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FOXNEWSW
Special Report With Bret Baier

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Jan 30, 2013

the wrong way. the economy slinks bringing on fears of a new recession. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. hard slap in the face tonight from reality. economy thought to be improving shocked experts and shrank in the final months of last year. huge falloff from gain last summer. white house correspondent wendell goler with an explanation and reaction. >> less than two weeks after the president said in the second inaugural address that an economic recovery had begun, the commerce department said not so fast. the biggest drop in defense spending in 40 years combined with a decline in exports and slow growth in company stock piles slashed economic growth from 3.1% in the third quarter to minus 1/10th in the fourth. first negative quarter since 2009. white house downplayed the report and gave the republicans part of the blame. >> home prices are starting to climb back. consumer confidence overall has been rising and consumer spending is rising. but there is more work to do. our economy is facing a major head wind that goes to your point. republi

FOXNEWSW - Greta Van Susteren

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FOXNEWSW
Greta Van Susteren

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Jan 30, 2013

economy and, brother, it is so grim. u.s. economy unexpectedly shrinking in the fourth quarter. the biggest dip in 3 years. instead of jumping into high gear to figure out what to do to reverse this economic bad news some, top democrats used their time to play the blame game. they say it's all the republicans' fault. >> the economy shrunk. >> last three months of last year, our economy shrunk. >> the new report suggests that this economy still has not really fully recovered from the financial crisis four years ago. >> it was the democrats are saying? this is the best-looking contraction that there has ever been. >> it's disheartening, although we have moved at least temporarily beyond flirtation with default, to see republican leaders say, visequester in my back pocket. it's not a game. it's the american economy. >> you remember what this administration's growth forecasts were? for the next three to four years? their growth forecasts were anywhere between 3 and 4/2 percent. we are not growing. >> have you heard of a poor man spending himself into prosperity? >> it's just sad to

FOXNEWS - The O'Reilly Factor

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FOXNEWS
The O'Reilly Factor

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Jan 30, 2013

is on. tonight: the economy is still in neutral gear. >> amazing job though convincing people that things are rosy. >> bill: bad news for the u.s. economy. it is going down again. even as president obama's poll numbers are going up are we the people completely clueless? we have a special report. you al gore are doing business with this country that's enabling your ultimate foe climate change. >> i think i understand what you are getting at. [ laughter ] >> bill: even david letterman is pounding al goren othe hypocrisy of making money from big oil. we will show you how gore is being treated by the left-wing media. >> isn't there a contradiction in that? also tonight dennis miller on the most popular tv personalities in america and my interview with collin powell last night. caution, you are about to enter the no spin zone. the factor begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. bad economic news but it doesn't seem to matter to the folks. that is the sung of this evening's talking points memo. last quarter, the economy fell back. in fact, it

CSPAN - Weekly Addresses

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CSPAN
Weekly Addresses

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Jan 5, 2013

in a bipartisan way and avoiding a middle-class tax hike that could throw the economy back into a recession. 97% of small businesses will not see their income taxes go up one dime. we maid sure that millions of families will continue to see tax credits. companies will continue to receive tax breaks for the research they do, investments they make, and the clean energy jobs they make. two million americans that are out of work will continue to receive unemployment benefits as long as they are actively looking for a job. we still need to do more to put americans back to work while also putting this country on a path to pay down its debt. our economy can't afford more showdowns on the manufacturing crisis along the way. even as our businesses created two million new jobs last year, including 168,000 jobs last month the dysfunction in congress made consumers less confident. we know there is a path forward. i signed into a law a deaf reduction. this week's action further reduces the deaf -- deficit. i'm willing to do more. i believe we can find more places to cut spending without short-changing thing

CSPAN2 - Book TV After Words

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Jan 7, 2013

CSPAN2
Book TV After Words

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Jan 7, 2013

economy. we say, no, there are specific policies that have encouraged this and helped bring this about. >> host: and you have been watching booktv on c-span2. this is our monthly program featuring an author or authors and their body of work. james steele and donald barlett have been our guests. multiple pulitzer prize national magazine award winners, r50 awards -- 50 awards altogether, so for their work. they have written eight books. their web site is barlettandsteele.com is how they are known. their most recent back is "the betrayal of the american dream." gentlemen, we appreciate your being on booktv. thank you for joining us as well.

SFGTV2 -

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Jan 29, 2013

SFGTV2

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Jan 29, 2013

we opened, which was a spectacular opening concert about five weeks after that the economy completely crashed. my plan -- and i'm absolutely dogmatic about my plans --were delayed slightly. i would say that in this very difficult timefor the arts and everyone, especially the arts, it's phenomenal how new century has grown where many unfortunate organizations have stopped. during this period we got ourselves on national radio presence; we started touring, releasing cds, a dvd. we continue to tour. reputation grows and grows and grows and it has never stopped going forward. msk(music) >> the bay area knows the orchestra. you maybe take things for granted a little bit. that is simply not the case will go on the road. the audiences go crazy. they don't see vitality like this on stage. we are capable of conveying joy when we play. msk(music) >> any performance that we do, that a program, that will be something on the program that you haven't heard before. string orchestra repertoire is pretty small. i used to be boxed into small repertoire. i kept constantly looking for new repertoire and

FOXNEWSW - Forbes on FOX

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FOXNEWSW
Forbes on FOX

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Jan 5, 2013

are going to cost the economy 128 billion . that is it one estimate out there. even russian czar said i don't rule russia. my miniczar's do. rich has it right. burrcrats are justifying and creating new rules . and i talk to them. they have to hire their own burrcrat to dole with the government burrcrats. >> emac said you need new administrators and czars. >> maybe it would add jobs. but it is important to point out regulations are necessary. even governor romney said that . porly -- case in point. oregon is coming out with a law that makes employers not discriminate against unemployed applicants that is it important. we have seen discrimination there. that is good for the economy. >> steve, you can always justify thingings. but the bottom line regulations are a tax on business. are they not? >> they are indeed and people who love regulations make it a choice between anarchy and reguleses. in term of job creation and having bankings. i know a midsize bank had to hire a thousand people of compliiance and that means fewer loan officers. regulations are a burden pure and simple . the p.m. claim

LINKTV - Deutsche Welle Journal

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Jan 15, 2013

LINKTV
Deutsche Welle Journal

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Jan 15, 2013

. >> on to business news now, the german economy contracted in the final quarter of last year as the eurozone crisis took its toll, but europe's biggest economy still managed to post modest growth of 0.7%. >> that may not sound like much, but it is more than you expect from most eurozone economies. >> the eurozone crisis has not been able to dampen the mood among eurozone consumers. they are still hitting shops and helping the economy grow modestly. >> despite big increases in the cost of energy, raw materials, and oil, private consumption is up. that is the first reason. the second is that the german economy remained competitive last year despite a weaker environment, and that has given exports a boost. >> exports are the backbone of the german economy. they continued to grow last year, albeit at a slower rate. companies are proceeding with caution. they are cutting investment amid uncertainty about what the new year will hold, especially for the eurozone. in 2011, the german economy grew by 3%. that figure dropped to 0.7% last year. the economy even contracted in the final quarter. the government

LINKTV - Deutsche Welle Journal

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Jan 16, 2013

LINKTV
Deutsche Welle Journal

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Jan 16, 2013

a gun laws is getting more pronounced. >> thanks very much from washington. will the german economy continued to slow? more on that later in this program. >> first, here's a look at some other stories making news. >> russian court has denied a request for leniency from a member of the punk band pussy riot. one member has sought a deferral of her presence sentence until her 5-year-old son turns 14. she was convicted of hooliganism after a protest during services in moscow church. >> the taliban have claimed responsibility for a suicide attack targeting the afghan intelligence agency. officials said two guards were killed when the bomber who blew up his car in front of the country's headquarters -- the interior ministry says security forces shot dead four other attackers. >> in iraq, more than 30 people have been killed in a series of attacks that appear to have targeted kurds. two car bombs exploded. one of them blew up outside a kurdish political party office. a third in a nearby town. >> the two biggest airlines have found their entire fleets of boeing 7873liner -- 787 dreamliners.

KCSMMHZ - Newsline (30min)

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Jan 2, 2013

KCSMMHZ
Newsline (30min)

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Jan 2, 2013

did not reach a deal, the economy would fall over the fiscal cliff, back into recession. u.s. president barack obama said he succeeded in increasing taxes for the rich in the face of protests from republicans. >> there is a path forward, that it is possible, if we focus not on our politics but what's right for the country. the one thing i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> obama suggested he would sign the bill, but he suggested lawmakers would need to revisit their discussions to bring down the federal deficit. >>> the efforts to avoid the fiscal cliff in the u.s. gave asian markets a boost. share prices gained ground in the first trading session of the year. the hong kong stock exchange saw many buy orders after it opened on wednesday. the key hang seng index closed 2.9% higher than it did on december 31st and even surpassed last year's high the benchmark index in south korea rose 1.7% from the 2012 c

FBC - Bulls and Bears

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Jan 20, 2013

FBC
Bulls and Bears

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Jan 20, 2013

rid of the nation's debt limits. they say it's keeping the economy down but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary b smith, jonas max ferris and along with todd schoenburger. >> gary get rid of the debt ceiling best or worst thing for the economy? >> it's absolutely the worst thing, brenda. the left likes to say, well, you know, ronald reagan raised the debt limit 18 times, george bush raised it 7 times, bill clinton raised it 8 times. so, you know, both sides do it so it must be okay, and from the perspective of fair and balanced, it has to stop no matter who is president. we go through the same cycle, we raise the debt limit, spend more,en go out and borrow more, and raise the debt limit again and it looks like it's unstoppable, but this is the check and balance of how t govern our society. we can't afford the bills we have now to pay. someone has to say, no, spend what you have and let's move on. >> brenda: you know, it doesn't real

KCSMMHZ - Newsline (30min)

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Jan 22, 2013

KCSMMHZ
Newsline (30min)

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Jan 22, 2013

the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the boj meeting, central bank governor and the finance minister aso reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will continue to promote a strong monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achieving price stability. it is vital to strengthen

KTVU - FOX News Sunday With Chris Wallace

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Jan 6, 2013

KTVU
FOX News Sunday With Chris Wallace

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Jan 6, 2013

, the consequences for the entire global economy would be catastrophic and far worse than the fiscal cliff. >> john: congressman you advocated going past the debt ceiling deadline. would you advocate. >> i advocate a solution and not a deal it is no wonder that the president doesn't want to debate if i had presided over the four highest annual deficits and increase in the national debt i wouldn't want to talk about the issue either. since the debt ceiling passed 16 months ago. the day after it passed we got a downgrade from s&p . the super committee that chris voted for fell apart like we thought it would . the only scheduled cuts to take place. we suspended them in the fiscal cliff deal. we have yet to cut one dime and now it is time to do it again. stow this is, we have to stop the madness. this is the 18 year old kid on a credit card and instead of cut tupping and putting them on a budget, barak obama said give us another one and harry reid you have to - on >> john: would you support the debt ceiling. >> i don't support not dealing with the program. this whole, the way this town works and the fi

FOXNEWSW - Greta Van Susteren

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FOXNEWSW
Greta Van Susteren

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Jan 30, 2013

that to you shortly. now, the latest news about our economy and it is so grim. shrinking in the fourth quarter. biggest dip in three years. instead of jumping into high gear to figure out what to do to reverse the economic bad news, top democrats use their time to play the blame game. they say it's all the republicans' fault. >> the economy shrunk. last three months our economy shrunk. >> new report suggests that the economy still has not really fully recovered from the financial crisis four years ago. >> now the democrats, this is the best looking contraction it has ever been in this country. >> it's beyond the flirtation with default to see republican leaders say, i got sequester in my back pocket -- this is not a game. >> you remember what the administration's growth forecast were for the next three to four years. it was anywhere between 3-4 1/2%. >> have you heard poor men spending themselves into prosperity. it's dumb. >> there is more work to do in our economy and facing a major headwinds. that is republicans in congress. >> if there were republican in white house we would never come out

CSPAN2 - International Programming

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CSPAN2
International Programming

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Jan 30, 2013

told me that when it came to the economy, and i quote, the good news will keep coming. after last week's growth figures it obviously hasn't. what is his excuse this time? >> as the right honorable gentleman nose gdp in the third quarter of last you went up by 4.9%. and is forecast by the office of -- it fell by 23%. only honorable members opposite each year that news. [cheers and applause] >> i think the right honorable gentleman should listen to the governor of the bank of england who said this. our economy is recovering more slowly than we might wish, but we are moving in the right direction. the fall in unemployment number clearly back that up. >> ed miliband. >> what an extraordinarily complacent answer from the prime minister. let us understand the scale of his failure on growth. they told us in autumn 2010 that by now the economy would have grown by over 5%. can the prime minister tell us by how much the economy has actually grown since then? >> there's absolutely nothing complacent about this government. that is why we are cutting corporation tax. we are investing in enterprise

CNBC - Worldwide Exchange

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Jan 15, 2013

CNBC
Worldwide Exchange

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Jan 15, 2013

irreparable damage to the u.s. economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in the whole, kelly. what we're trying to do is derive what the annual figure was. >> exactly. and before we get to that

CSPAN - Inauguration

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Jan 19, 2013

CSPAN
Inauguration

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Jan 19, 2013

the u.s. economy and the fed's role in monetary policy. he called on congress to raise the debt ceiling in the release of u.s. can pay its bills. he spoke at the gerald ford school of public policy. >> thank you very much. it is also my great pleasure to welcome all of you here today. on behalf of the gerald r. ford school of public policy, the university of michigan is extremely honored to welcome the hon. ben bernanke, chairman of the board of governors of the federal reserve system. today's conversation is the latest in our series of distinguished lectures, policy talks at the fort school. we're so pleased that region white can introduce to the events and we're also very president marye sue: here today as well as -- we also have several of the university's executive officers and beans. i would like to welcome all of them and thank them for joining us today. it is an honor and truly personal pleasure to introduce our next guest. the fed's charges to provide a healthy economy. this is a complex and critically important mission and it makes the person at its helm one of if not the most

CNNW - Your Bottom Line

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Jan 19, 2013

CNNW
Your Bottom Line

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Jan 19, 2013

can't wait to see. and you -- you are the only critic that matters. obama's economy, the sequel, crafting a legacy. you remember the original. the president inherits the worst economy since the great depression. billions in bailouts save the auto industry and stabilize wall street. where are the jobs? but the star of this show has his enemies, millions of americans turn to the tea party. their mission? stop this president from making fundamental changes, changes they see permanently damaging the u.s. economy. gridlock follows. and the 112th congress passes the fewest bills in 40 years. but in the end, its congressional approval that plunges, now standing at just 14%. the president insisted on higher taxes for the wealthy. part of his campaign designed to cast mitt romney as out of touch. his victory sealed, this president will have a sequel. >> for the united states of america, the best is yet to come. >> the original was a drama. but what the sequel needs is action. to it craft a legacy, this president must bring lawmakers together. cliff after cliff, short-term thinking and po

CSPAN - Capitol Hill Hearings

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Jan 2, 2013

CSPAN
Capitol Hill Hearings

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Jan 2, 2013

's most important economy. it is vital for 140 million middle class families whose tax cuts are made permanent. it is vital for 2 million unemployed american workers who need a continuation of insurance while they continue to look for work. it is vital for 30 million middle income americans who otherwise would have been hit by the alternative minimum tax. it is vital for 25 million working families and students who benefit from the child tax credit. in the american opportunity tax credit, which helps families pay for college and vital for doctors in millions of their patients who would have been hurt by drastic cuts in medicare reimbursement rates. it is also vital for businesses to an extension of important tax provisions such as the research and development credit, and also, renewable energy incentives that must continue in this great country of ours. and bonus depreciation to encourage business investments. i want to emphasize this somewhat with in contrast to what our chairman has said. this legislation breaks the iron barrier that for far too long has prevented additional tax re

SFGTV2 -

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Jan 7, 2013

SFGTV2

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Jan 7, 2013

in a global cloueconomy. it has altered local economies because so many manufacturing and technology jobs are moving, whether it is a matter of costs for going where the trained work force is. we're fortunate to have to governors here to talk about how that change affects their jobs and what they're doing to jump- start their economies which compete with one another. this could be fun. let me start with our guest. governor hickenlooper. i knew that was going to happen. most of us here are pretty much aware of california's budget crisis. can you give us a quick briefing on where colorado is and what you are trying to do to turn things around? >> our budget is just as dressed as almost every state in the country. we have been working trying to control costs, get our pension funds in line, our state employees have not had a raise in four years. it has been difficult all the way around. the real challenge has been to try and turn public sentiment and get people to recognize it without a strong economy. it will not solve any of these problems. we have been relentless in what we did, the bottom

CNBC - Closing Bell

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CNBC
Closing Bell

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Jan 30, 2013

the point. rick, is your point that this weak economic report we got today shows the economy is truly weak, or are you agreeing with the consensus that it shows that government spending was the reason for the weakness? >> no. i'm saying government spending isn't really addressing some of the main issues of weakness, and when did we -- when did we have an amendment saying we're banning recessions. if the economy is destined to be smaller to get healthy, let it happen. >> but hold on, rick. what was interesting about this report to my mind was that consumer spending and business spending actually held up in the face of government spending. >> that's a wonderful thing, and i like that thing. >> it reilly should be for investors the one of figuring out in a world that looks like it will be one of declining government spending, what will happen to private sector spending and investment? >> it will reallocate the capital better. >> hey, rick, you're not going to get the end result that you think you will. nothing makes sense. i agree 100%. guess what's going to happen? we're going to get a housi

CSPAN2 - U.S. Senate

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CSPAN2
U.S. Senate

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Jan 30, 2013

of this administration. it's the norm because the economy collapsed. we all remember that the economy collapsed. and to withdraw federal spending from a collapsing economy is only to make things worse. the economic collapse created these deficits, and as the economy recovers, we can draw this will down. now, there's not aagreement on that. some have preached austerity as the way forward when the economy coul lapses. -- collapses of the and when this withstand, there was lively debate between those who support that would be more sensible than austerity. we're past us a started and now into experience much the experience of foreign countries belies that austerity works when economies are collapse ago. from spain to greece, european countries that responded to the economic downturn by slashing their budgets are suffering from shrinking economies and persistent double-digit unemployment rates. a recent i.m.f. report estimates that budget austerity in a weak economy might actually inflict significant harm and have a much lower-than-expected effect on the deficit, consistent with the observations in

MSNBCW - NOW With Alex Wagner

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Jan 2, 2013

MSNBCW
NOW With Alex Wagner

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Jan 2, 2013

hurt the economy? sure, no question. however, if we go off the debt limit cliff, that will have dire implications for not only our economy, but the world economy, and house republicans are very much aware of this. i spoke to a number of house republicans who are very close to leadership and they kept reiterating they shed too much blood on this tax hike, but they are preparing their powder for this debt limit. the idea president obama is not going to negotiate over it, i think, is going to be very difficult, because house republicans see this as their trump card. they are willing to bring the president, bring the economy as close to the edge, as close to the knees, as they can in exchange for spending cuts. boehner has this rule he very much believes in. boehner now, especially after this, has to appear strong to his conference. they are going to ask for an exchange for every dollar the debt limit has raised for adjoining spending cut, not to mention, joanne, they know some concessions democrats are willing to make, medicare entry rates, changing social security. they are not going t

CNNW - Your Bottom Line

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CNNW
Your Bottom Line

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Jan 5, 2013

-term, healthy economy. so i think that they're playing these sort of political brinkmanship games in washington, but they're not really engaging the biggest issues facing the country. >> i would say the public is equally polarized when you talk about this debt. you say the word entitlement on this show, i get all this hate mail from people that say it's not just about entitlement. why do you want to cut granny out of the equation? it gets very -- is it going to calm down at all or are we in the midst of one budget war after another? >> it's probably the latter. it's very emotional. if we do keep kicking the can down the road, unable to deal with this, the credit rating agencies will inject themselves into this narrative. >> right. no one moves, because we're going to talk more about this in two seconds. we do have to pay bills here and we do have a budget. hold on, everybody. congress has set into stone as much as you can tax rates in america. they still have to come up with a plan to deal with those budget cuts. they also did come up with a plan to deal with the debt ceiling and the budget res

CSPAN - Newsmakers

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CSPAN
Newsmakers

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Jan 13, 2013

or the largest economy in the world. we need to get to the point of dealing with the biggest deficit in the country, the jobs deficit. to me, this bill simply put a band-aid on the problem. it did do something the president wanted to do, committed to do. he delivered on the promise to try to help protect the middle- class class. my theory is that in the next three political maneuvers that we are going to see coming up in congress, that people will start attacking the middle class. i believe this was our best opportunity to really take care long-term of the issues that we need to address to a balanced approach. >> to follow-up on that, you you voted early. you are not just waiting to see if it was going to pass and then vote no. the idea that obama kind of thatsome leverage theire, you wanted to see him fail, that he has to go back to the leverage -- that he does not have the leverage -- >> after the republicans walked away from the negotiations and tried the plan b by speaker boehner, it became clear, even after they tried to amend the senate yield that they could not do so dosh and

CNBC - The Kudlow Report

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Jan 29, 2013

CNBC
The Kudlow Report

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Jan 29, 2013

have 11 million people in this country undocumented. that is not good for this country or the economy. that is not going to disappear. we have to face that reyagity. i say, i like senator vitter on many issues. i disagree on this issue. i think we start taxing these people. they are already benefiting from the social serve thes and encase system. so let's tax them. from a security point of view, this is helpful and i think that this is not an amnesty. you are letting people go of a crime. these people are going to have are to pay taxes and crimes. i cthink it is a brilliant program. the only thing stopping it is president obama if he does not agree to it. >> if this does not have border security in it. the republican party, to me, if you give the free flow of immigration for workers, there can still be border security, there could be -- right? anybody who wants to come for legitimate reason ares wants to come. >> right. >> larry, can i ask a question? >> what i want to say, all right i'll direct it tow. the gop should be the party of growth and opportunity and the party of entrepreneu

FOXNEWSW - The Journal Editorial Report

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Jan 12, 2013

FOXNEWSW
The Journal Editorial Report

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Jan 12, 2013

or 25% of gdp. we keep repeating this number, but in a 15 trillion dollar economy, every percent of gdp is a tremendous amount of spending. but tax revenue, the last three years, has been down around 16% of gdp. that's a tremendous gap. and they want to raise taxes to close that gap. >> but part that have reduction, no, normally, it's about 18, 18 1/2, and it's popped up under bill clinton's presidency above 20%, if you have economic growth. the 16% is because the growth-- >> their policies are going to guarantee, in my opinion, 2% growth for a long period of time. they will never get tax revenue back up towards 20%. >> paul: kim, let's talk about another tax that's on the table. dick durbin, the number two democrat in the senate this week said raise the prospect of an energy tax in addition to this and this reflects part of the point that mary made, you can go after the rich under the current tax, but you can't begin to finance the government we have. so ultimately you've got to find new ways to get the revenue. is this energy tax actually going to be a live prospect in the next couple

KCSMMHZ - Journal

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Jan 4, 2013

KCSMMHZ
Journal

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Jan 4, 2013

. the outlook for the overall economy is similar. it's likely we will see steady growth over the years. there swau-- the housing marketr the past year should be a helpful factor for the overall economy. but there are still significant headwinds. tax increases in the new year will melt to about 16 at. but it's at least not. it wouldn't have been as strong as the little clift, he would have been priored by others is kit. he's become a. stomp stomp. >>> he said that would punish the successful and talented. he hinted last month he was planning to take foreign citizenship. russian president vladimir putin signed a decree this week. milan wants to impose a 70% tax rate of anyone with an annual income of more than 1 million euros. >>> that wraps up this edition of "newsline." i'm keiko kitigawa in tokyo. thank you for joining us.

KCSMMHZ - Journal

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